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Global 5G Services to Reach More Than $700B by 2027 — The global 5G services market will reach $701.82 billion in revenues by 2027, a sizable increase from the $50.23 billion it generated in 2020, according to a Research and Markets report. 

The Asia-Pacific region is forecast to show dramatic 5G market growth as its countries are “investing in deploying next-generation infrastructure in the media and entertainment, transportation and logistics, health care, and manufacturing industries,” the report noted. 

Mobile broadband services will play a more prominent role in the increasing 5G market demand.

“Data traffic is increasing due to the wide usage of broadband and mobile data services by people and commercial applications, accounting for the rise in market demand for high-speed data services like 5G,” the report cited. 

VMware incorporates its NSX, Carbon Black, and secure access service edge services into its broader multicloud strategy. Read more.

Intel entered the green bond market with a $1.25 billion offering to fund projects that support its sustainability goals. Read more.

The shift-left approach continues to fail organizations in securing APIs, Salt Security researchers noted in its recent report. Read more.

India’s Bharti Airtel signed deals with Ericsson, Nokia, and Samsung to provide network equipment for the carrier’s initial 5G launch. Read more.

SDxCentral 2-Minute Weekly Wrap: Cisco shakes up org, executive structure, and Netskope scoops up Infiot for a SASE boost. Stream now.